Yancoal Australia (03668) announced semi-annual results. Net profit attributable to shareholders after income tax of 17 million Australian dollars decreased 55% year-on-year

According to the Zhitong Finance App, Yancoal Australia (03668) announced results for the half year ended June 30, 2026. The group obtained general operating income of 3,024 billion Australian dollars, an increase of 13% over the previous year; net profit attributable to shareholders after income tax (after deducting non-recurring items) was 17 million Australian dollars, a year-on-year decrease of 55%; earnings per share (after deducting non-recurring items) were 1.3 Australian cents, and an interim dividend of 0.07 Australian dollars per share was proposed.

Compared with the first half of 2025, Yancoal Australia's commercial coal production increased by 4% in the first half of 2026 (based on 100%). After prioritizing geotechnical peeling in the first quarter, we can maximize coal production for the rest of the year. Equity's commercial coal production record for the second quarter reached 10.8 million tons; the first half of the year, the equity commercial coal production record was 19.8 million tons. Yancoal Australia is currently progressing smoothly, and is expected to reach the upper half of its guidance range and set an annual production record in 2026.

In the first half of 2026, Yancoal's Australian shareholders' net profit of A$17 million was affected by a number of non-operating projects. Net losses before tax had a total impact of $272 million, including fair value losses of $188 million transferred back from self-hedging reserves, impairment losses of 49 million Australian dollars confirmed by Zhongshan, contingent royalty payments of $20 million, contingent royalty remeasurement proceeds of $3 million and losses of 18 million Australian dollars from royalties receivable.